Colliers International are proud to offer for sale Aldi, 8 Franklin Street, Melbourne.
A high exposure, CBD retail investment situated on the ground floor of the Verve and Milano twin-tower development, comprising 46 and 36 levels respectively corner Swanston Street and Franklin Street
Boasting 25m* of prime frontage along Franklin Street and an expansive floor area of 1,650m²*
Securely leased to global powerhouse, Aldi which has over 10,000* stores locations worldwide
Significant passing income with future rental upside
44 car parks on-title presenting a long-term future opportunity for an additional income stream
One of Australias most densely populated pockets, driven by the immediate synergies with RMIT University, The University of Melbourne, The Queen Victoria Market, Melbournes medical precinct and the Melbourne Metro Tunnel project
Super prime, northern corridor locality where the unparalleled growth is underpinned by countless student accommodation, hotel, residential and commercial high-rise developments
Direct access to public transport including the future CBD North Metro Station, Melbourne Central Station and tram routes along Elizabeth Street and Swanston Street
A once in a lifetime opportunity to purchase a CBD supermarket investment in Melbournes fastest growing precinct
* Approx
FOR SALE BY ON-SITE PUBLIC AUCTION ON FRIDAY 6TH DECEMBER 2019 AT 12.00PM
For further information or to arrange an inspection of the property please contact Colliers International as the exclusive selling agents.
Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839
Chris Ling +61 419 294 346
David Sia +61 430 111 223